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Real Estate Forum on Mysore Property Gift

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Q: Hi. Does anyone here know the process of getting a title deed ready for gifting purposes? We have an ancestral property and planning to gift it.


Latest Answer: The stamp duty is different for different types of deeds in Karnataka as such. If the property you want to gift is in Mysore only, or for that matter within Karnataka municipality jurisdiction, then the stamp duty is calculated based on per 1,00,000=00 rupees. 18 percent duty + 25 percent additional duty + 32 percent surcharge. Some Rs 8.500 per 1 lakh I think
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